In the Press / 媒体关注

Sydney celebrates its busiest Saturday of the year with no sign of market weakness

29 September 2019
/ The Daily Telegraph

The Sydney auction scene has just had its busiest Saturday of the year, with the increased stock showing there is no apparent sign of market weakness, reported The Daily Telegraph (29 September 2019). Chinese tourists taking advantage of their national holiday have often flocked to Sydney at this time of year, looking to invest. But agents say these buyers are not arriving in the same numbers or with the same buyer intensity they once did. But Chinese buyer inquiry growth has been stronger in Sydney than elsewhere across Australia, Juwai.com executive chairman Georg Chmiel said. “Each of the past three weeks has shown positive Chinese buyer inquiry growth compared with last September. Of course, they were pretty low last year compared with the peaks … in 2015 and 2016,” he said.